New York high profile divorce reveals intimate details

On behalf of Philip A. Greenberg, P.C., Attorneys at Law posted in High Asset Divorce on Tuesday, November 4, 2014.

New Yorkers contemplating a high asset divorce with their spouse typically seek to handle it as discreetly as possible to prevent everyone from knowing their intimate business and financial details.

However, one Manhattan couple has been trading personal and salacious accusations about the inner workings of their marriage, and these allegations against one another have found their way into the press. It appears that the husband, a prominent investment banker with Jefferies & Co., fired the first salvo when he accused his estranged wife of abusing both alcohol and drugs, allegedly to cast aspersions on her fitness as a mother to their two minor children.

His tactic may have backfired in the worst possible way, however. Last week, his 38-year-old wife fought back, filing a lawsuit that refutes her husband's allegations and turns the spotlight on his own alleged substance abuse issues.

In her petition, which names both her husband's clients and colleagues, she accuses her spouse of engaging in wife-swapping and going on benders with the aforementioned colleagues and clients and also with prostitutes. She further alleges he has problems with both drugs and alcohol and gets so intoxicated that he became incontinent at various locations in both their Sag Harbor home and 5th Ave. apartment.

His own answer to her allegations contain a denial of incontinence, stating, "I have never defecated or urinated in bed, on the floor or a wall."

The situation has created havoc for his company, with the chief executive officer of Jefferies & Co. recently announcing that the investment banker had taken a leave of absence from his $7 million a year position.

According to Fox Business Network, five clients the man worked with in the company's health care division left the firm since the fallout. All have denied the accusations in which they were named.

When it comes to divorce, high profile couples may be ultimately better served by keeping a tight lid on the details of their private lives. Consulting with a New York family law attorney who will take measures to protect your privacy is a good idea for both parties.

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